Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  BT Group plc    BT.A   GB0030913577

BT GROUP PLC (BT.A)

46
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

BT Group plc : BT Law Ltd To Provide Services to Motor Claims Industry After Being Granted ABS Licence By Solicitors Regulatory Authority

03/04/2013 | 05:28am US/Eastern
Recommend:
0

DC13-058                                                                                                            March 4, 2013

BT Law Ltd To Provide Services to Motor Claims Industry After Being Granted ABS Licence By Solicitors Regulatory Authority

BT today announced the launch of BT Law Limited, a business that will provide legal services to corporate customers, initially in the motor claims market, having been awarded a licence to operate from industry watchdog the Solicitors Regulatory Authority (SRA).

The SRA has awarded BT an Alternative Business Structure (ABS) licence, effective from March 2013. With the ABS licence, the new business entity, BT Law Limited, will incorporate BT Claims, an already well-regarded name in the motor claims management industry, which handles more than 35,000 corporate fleet vehicles.

BT Law Limited will offer an in-house end-to-end motor claims solution for businesses from incident notification, through investigation and resolution and now including full litigation management.

BT Law Limited plans to grow over the coming years and, based on market demand for further services, will look to expand selectively into additional areas, such as public liability and employment law for corporate customers. The business will work closely with BT Fleet, another subsidiary of BT, which provides fleet management, vehicle maintenance and accident management to corporate customers who operate some of the UK's most mission-critical fleets.

The new business unit will have offices in three locations: London, Bletchley and Sheffield. BT Law Limited will be headed by Miles Jobling, who will become Director of BT Law. Miles Jobling is an experienced solicitor and will continue as the Head of Litigation and Employment Law for the BT Group.

Samantha Barrass, Executive Director at the SRA said: "BT Law is a welcome addition to the Legal Services Market. The SRA has now licensed more than 100 ABSs and this number continues to grow, which means more choice for customers."

Miles Jobling, Director of BT Law Limited said: "The advent of ABS has changed forever the whole landscape of legal services. With our experience and market credibility we had already built a team with significant legal and claims handling expertise. This licence now gives us the perfect platform to take this much further forward and means we can deliver whole new areas of support for our existing clients as well as hopefully developing many new relationships. As we carry the BT name we understand just how important it is to best represent and protect our clients' brands, which will remain as a main component of our service strategy."

The launch of BT Law Limited and granting of an ABS licence follows on from BT's recent acquisition of Tikit, a company that provides technology solutions and services to legal and accountancy firms.

-Ends-

Notes to Editors
Alternative Business Structures are a new form of practice that can provide reserved legal activities to businesses and the public. Compared to a traditional law firm, ABS are more flexible in that lawyers and non-lawyers can share the management and control of businesses; can have external investment and ownership; and can offer multiple services to clients (including legal services) from within the same entity.


distributed by
Recommend :
0
React to this article
Latest news on BT GROUP PLC
1d ago BT : Thousands of BT employees profit from £1.1 billion share plan payout
1d ago BT : Fibre broadband uptake boosts BT’s retail revenues
2d agoDJEUROPE MARKETS : Shell, BG Among Major European Movers; BES Slides
2d agoDJEUROPE MARKETS : Shell, BG Among Major European Movers; Adidas Slides
2d ago BT : Maintains Full-Year Outlook As First Quarter Profit Up
2d ago BT : Demand for broadband helps BT meet first quarter forecasts
2d agoDJBT : Confident As Earnings Rise
2d ago BT : Results for the first quarter to 30 June 2014
2d ago BT : *BT Confident It Can Deliver On Its Strategy
2d ago BT : *BT Outlook Remains Unchanged
Advertisement
Chart
Duration : Period :
BT Group plc Technical Analysis Chart | BT.A | GB0030913577 | 4-Traders
Income Statement Evolution
BT Group plc : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF